Brazilian airline Azul's core earnings up 33% in Q4
ReutersFeb 24, 2025 11:43 AM
SAO PAULO, Feb 24 (Reuters) - Brazilian airline Azul AZUL.N on Monday reported fourth-quarter core earnings slightly above market expectations and said it was optimistic about this year, after a challenging 2024 marked by a major debt restructuring.
The carrier's earnings before interest, taxes, depreciation and amortization (EBITDA) reached 1.95 billion reais ($340.31 million) in the October-December period, it said, up 33% year-on-year, helped by higher passenger traffic and load factor.
Analysts polled by LSEG expected EBITDA to come in at 1.91 billion reais in the quarter.
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